Features
How to Improve Insurance Outsourcing Contracts
(Part 2 of 2) Most insurance outsourcing contracts favor the provider, according to our firm's analysis of the language in typical contracts in place today. In our previous article, we graphically ...
Why Are Insurance Outsourcing Contracts So Bad?
The insurance industry has changed dramatically over the past decade in response to increasingly stringent regulations, changing consumer preferences and falling interest rates. Over just the past 18 ...Big Changes for Insurance: Gen Z & Millennials Make Bold Moves
At one time, life seemed to be compartmentalized. Work was work. Home was home. You drove your car or commuted to work or business. Your work stayed at work. You slept and ate at home. You might ...
The Important Two-Letter Word Carriers Will Need to Use in 2022
One of the most important words insurance carriers will need to know heading into 2022 is simple: No. At least, that's according to Marie Carr, principal of global growth strategy, insurance and ...6 Strategies to Drive Personal Auto Efficiencies for 2022
Entering 2022, we expect insurers will focus on belt-tightening and streamlining operations through creative solutions. Verisk recently held a webinar on improving personal auto insurance ...
Avoiding Bad Faith Damages: How to Handle Short-Fuse Policy Limit Settlement Demands
The holidays—parties, family and the spirit of giving. Some personal injury plaintiff attorneys really get into the spirit, hoping to receive the gift of "open" policy limits and unlimited injury ...Purpose-Built Insurance SaaS 3.0 — Smarter, Faster and Better
You have decided it is time to move out of your apartment or house and into another one. You are packing up your closet and you realize that there are some decisions to make. Half of the closet is ...What Insurers Need to Know About Construction Costs
The cost of many common building materials spiked throughout 2021, putting reconstruction top of mind for insurers. CoreLogic tracks construction costs for commercial, residential, and agricultural ...